IRC 409A became applicable to employee stock in 2005. It triggered a need for private companies that grant stock options to have their common stock valued approximately once a year. Ravix Group and our partners can provide valuation and outsourced accounting services to startups and other businesses implementing or re-evaluating their stock valuation strategies. What...
Out of the desperation that companies are feeling to find inexpensive alternatives, a deluded solution has arisen — using independent contractors and consultants to do employee work. The general idea is that an independent contractor is an industrial godsend; you do not have to provide them the same benefits or share ownership that an employee...
IRC 409A became applicable to employee stock in 2005. It triggered a need for private companies that grant stock options to have their common stock valued approximately once a year. Ravix Group and our partners can provide valuation and outsourced accounting services to startups and other businesses implementing or re-evaluating their stock valuation strategies. What...
Sox Schmox!
August 30, 2022by Ravix Group
Here are some common misconceptions about the Sarbanes-Oxley Act of 2002: “We are not a public company, why should we worry about SOX compliance?” “Becoming and staying SOX compliant is very costly; we can’t afford that right now.”loo “All of those internal controls only get in the way of running our business.” Over the years,...
Do Start-Ups Need Accountants?
August 15, 2022by Ravix Group
Benefits of Outsourced Accounting and Bookkeeping Services Bookkeepers and accountants perform very different functions. Both are vital to the life cycle of a start-up. Bookkeepers can often handle the day-to-day financial transactions and maintain the company ledger. These professionals are invaluable resources during the early days of your start-up. However, accountants offer “big picture” financial...
